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Steve Ells Net Worth

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Steve Ells's Net Worth as of 2024
$200 Million

Steve Ells was born on 12 September 1966, in Indianapolis, Indiana USA, and is a businessman who is probably best known as a founder and also the chairman and co-CEO of the company called Chipotle Mexican Grill. What is more Steve was also a part of Stars Restaurant and is a board member of Land Institute.

So how rich is Steve Ells? It has been estimated that Steve’s net worth is over $200 million. This sum of course has mainly come from his successful career as a businessman over the last 20 years since founding Chipotle. There is also a chance that Steve Ells’ net worth will become even higher in the future as he continues his career in expanding the Chipotle restaurant chain.

Steve Ells Net Worth $200 Million

Steve Ells family moved to Colorado when he was still young, and he was educated at Boulder High School. He then graduated from the University of Colorado at Boulder in 1988 with a Bachelor of Arts degree in Art History, and.then he studied at the Culinary Institute of America in New York, finishing in 1990. At the beginning of his career, Steve worked as a sous chef in Stars Restaurant, San Francisco from which time Steve Ells’ net worth began to grow. Later Steve decided to open his own restaurant. Unfortunately he didn’t have enough money to do that, so he had to borrow from family and others.

Steve subsequently opened Chipotle Mexican Grill in 1993 in Denver, Colorado, and within a year was 10 times more profitable than had been calculated as a basis for survival. This successful company had a huge impact on Ells’ net worth, as the expansion of the chain numbered over 500 in little more than 10 years. Steve was becoming more and more successful and acclaimed in the business world. In 2005 he was even named as Business Person of the Year and later was even considered to be the CEO of the year. These awards show that Steve is really successful as a businessman and that his net worth is so high because of his hard work. His whole operation became so large that Monty Moran was hired as COO in 2005, becoming co-CEO in 2009, both he and Steve Ells enjoying salaries totalling over $20 million in 2014.

In 2010 Steve became a part of the television show, entitled America’s Next Great Restaurant., there he worked together with Bobby Flay, Lorena Garcia and Curtis Stone. This show also added to Ell’s net worth.

To talk about Steve’s company Chipotle Mexican Grill, it could be said that it mainly specializes in tacos and burritos. The main aim of this company is to serve organic meals made with natural products. This chain of restaurants becomes more famous step by step and of course it influences the growth of Steve Ells’ net worth. There is no doubt that in the future this chain of restaurants will become even more famous.

All in all, it could be said that Steve Ells is one of the most successful businessmen. He has achieved what he has now only through hard work and patience. There were some ups and downs during his career but Steve still gained the acclaim that he deserved. As Steve continues to improve his chain of restaurants and he also has other activities to do, there is a high possibility that Steve Ells’ net worth will become even higher in the future. Let’s hope that people will be able to enjoy Chipotle’s food for a long time.

As the Managing Editor at Net Worth Post, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications. At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

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Businesspersons

Charles Saatchi Net Worth

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Charles Saatchi is one of the richest and best known businessmen in the world and one of many millionaires. Saatchi’s overall net worth has been stated to be $100 million for 2014. Charles Saatchi was born in Baghdad, Iraq, but later had to move together with his family to London, UK to avoid the persecution of Jews in his home country. He was the second son in the family of four kids. As a teenager Charles was really interested in American pop culture and studied at the London College of Communication. After graduation he began his professional career as a copywriter working for “Benton & Bowles” and later started to work in tandem with an art director, Ross Cramer, and together they formed their own company called “CramerSaatchi”.

Charles Saatchi Net Worth $100 Million

They were successful and took-on employees John Hegarty and Heremy Sinclair, but true success came to Charles later. In 1970 Charles Saatchi started his business together with brother Maurice: they established “Saatchi & Saatchi” agency which had become the largest advertising agency in the world by the mid-80’s with just a huge number of high-profile clients like UK Prime Minister Margaret Thatcher and British Airways. However, Charles and Maurice left the agency and together founded another one called “M&C Saatchi”. They took many of their important clients with them, and one of these was British Airways. Nowadays, thanks to his prosperous business, Charles Saatchi has a net worth of $100 million dollars.

To the rest of the world Saatchi is also known as one of the most famous modern art collectors. He purchased his first art work in 1969 –  by Sol LeWitt,  a minimalist from New York. His passion for paintings only grew, and in 2009 he even published the book “My Name Is Charles Saatchi And I Am An Artoholic” wherein the author answered many questions and even gave some advice about collectibles. But the book didn’t become as popular as Saatchi expected, so the author asked his personal assistant to buy a huge number of books to help his work hit some positions in bestseller charts. Later in 2009 Saatchi appeared on the BBC program “School of Saatchi” and gave many young artists a perfect opportunity to show their talent and showcase artworks: some artists even painted portraits of Saatchi himself. In July 2010 Charles Saatchi donated his Saatchi Gallery to the British public together with 200 works of art.

Saatchi’s personal life has never been very public, but he married his first wife in 1973. He had met Doris Lockhart Dibley in 1965 while working for “Benton & Bowes”. The couple lived together for the six years before marrying, but divorced in 1990.  Saatchi’s second wife was Kay Hartenstein to whom he was married from 1990-2001, and they even had a daughter together. Then Saatchi married for the third time in 2003, to English journalist, food writer, gourmet and television personality Nigella Lawson, but after public disagreements, were divorced 2013.

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Businesspersons

Mikey Teutul Net Worth

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Michael Joseph was born 26 November 1978, in Montgomery, New York State USA, and widely known as Mikey Teutul, is a reality television personality, the youngest son of Orange County Choppers founder Paul Teutul, Sr. Mikey began his working life at 14, in the family business.

So just how rich is Mikey Teutul, as of late 2017? Authoritative sources estimate that Mikey has a net worth of over $3 million dollars, largely earned  by working at his father’s and older brother Paul Jr,’s company Orange County Choppers (OCC), and Orange County Iron Works, and through his TV appearances.

Mikey Teutul Net Worth $3 Million

Little is known of Mikey’s early life or education – it seems to have always revolved around the family business. Helping out his family in his teens, theoretically he worked as Assistant General Manager. but his main duties were to answer ‘phones, and clear-up and take out the trash. He was on rare occasions given the chance to build bikes, until he was competent to build his own. He also attended events for promoting OCC.

In 2002, the family was invited to take part in a reality show, Discovery Channel’s “American Chopper”, and subsequently “American Chopper: Senior vs. Junior”, in the course of which the youngest son was thrown out of the business – the middle son is Daniel, and younger sister Cristin. The reason for Mikey’s exclusion was  that Mikey tried to be a mediator between his father and his brother, but his father seemed to be offended that his younger son did not take his side, and so threw him out of the business. During the filming of the show, Mikey was somethoing of a comedy relief to his father’s workers, and that comedy streak helped gain him popularity in TV shows. Mikey then joined his brother’s post-OCC venture, -Paul Jr  Designs – along with most of their father’s employees; obviously the work atmosphere with Paul Teutul, Sr. was not a particularly happy one. Mikey’s eldest brother Paul  Jr. was the former chief fabricator of OCC.

So actually the main source of Mikey Teutul’s wealth is not his father’s business, but the shows he eventually took part in. These have included ‘The Late Show with David Letterman”, “Late Night with Conan O’Brien”, and also “The Tonight Show” with Jay Leno. The shows became very popular and Mikey’s appearances earned him a significant amount of money. To say the least, the family drama did not go without consequences – according to rumours, Mikey Teutul was suffering from an addiction problem, and consequently admitted himself to rehab, and managed to overcome the bad habits which were apparently hindering his progress in life, obviously including business.

In his life away from the businesses already referred to and the limelight of TV, Michael loves to paint, and is apparently respected for his productions, as he opened “The Wolfgang Gallery” gallery in Montgomery, New York, where he has sold or auctioned his paintings, adding somewhat to is net worth, although rumours suggest that the gallery may now be closed. Most recently, Mikey is now trying to enter the market under the moniker LLC FarQueue Products with his line of gourmet pasta sauces. Good luck, Mikey!

In his less-than-private personal life, Mikey is apparently still single – there aren’t even any rumours of romantic liaisons.

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